Space Shower SKIYAKI Holdings

Basic Information

Stock Code: 4838
Industry: Information and Communications
Category Detail: Content Production & Distribution
Prefecture: Tokyo
Establishment Year: December 1996
Listing Year: April 2001
Official Website: https://sssk-hd.com/
TSE Information: TSE Information
Yahoo! Finance: Yahoo! Finance
Other Companies: Encourage, IG Port, Capital A, Ray, Broadmedia, Toei Animation, IMAGICA GROUP, Wattman

Overview

Space Shower SKIYAKI Holdings is a pioneering content production and distribution company in the information and communications industry, founded in 1996, with strengths in music channel operations and digital distribution.

Current Situation

Space Shower SKIYAKI Holdings recorded consolidated sales of approximately 15.4 billion yen in the fiscal year ending March 2023, centering its business on music and video content production and digital distribution services. Its core Space Shower Network operates music channels on CS broadcasting, and also engages in diversified entertainment businesses such as live houses and maid cafes. In recent years, it has achieved a management integration with SKIYAKI, transitioned to a holding company structure, and is strengthening its capital strategy. It has established a solid position in ad sales and program content supply, contributing to the DX of the music industry through the operation of the digital distribution platform SPACE SHOWER FUGA. With some channels scheduled to end broadcasting in 2025, it is exploring new service deployments. Through capital and business alliances with Fuji Media Holdings, KDDI, and others, it has realized diverse media collaborations and diversification of its revenue base. Moving forward, it plans to pursue technological innovation and market expansion in video and music domains, advancing sustainable growth strategies.

Trivia

Interesting Facts

Listed on JASDAQ in 2001 as Japan's first CS-exclusive music program supplier
Holds numerous music-related subsidiaries, providing integrated services from video to music distribution
Live house WWW is highly popular due to its unique sound system
Operates maid cafe @Home Cafe through subsidiary, achieving unique business diversification
Integrated with SKIYAKI in 2024 to strengthen content distribution business
Also engages in music software planning and production under SPACE SHOWER MUSIC brand
Efficient group strategy operations via transition to holding company structure
Media network expansion through capital ties with Fuji Media HD and KDDI
Previously owned e-Tenki.net operations, with history of diverse CS channel operations
Digital music distribution SPACE SHOWER FUGA is an industry注目 service
Emphasizes direct fan touchpoints through live event collaborations
Relocated headquarters to Shibuya Dogenzaka Tsū Building to strengthen base
Also handles music-related books under SPACE SHOWER BOOKS
Serves as bridge between indie and major music in Japan
Supports artists through diverse media promotions

Hidden Connections

Itochu Corporation, Fuji Media HD, and KDDI as major shareholders promoting media fusion
Live house operations and music distribution business collaborate to strengthen consumer touchpoints
Maid cafe business stands out with brand strategy despite cross-industry entry
Integration with SKIYAKI strengthens fan club and EC business, advancing digitalization
Previously held operating rights for e-Tenki.net through subsidiary
Unique music planning and production by SPACE SHOWER MUSIC highly evaluated in industry
Live house WWW design involves top industry sound engineers
Business alliance with Fuji Media HD advances collaboration with TV program production

Future Outlook

Growth Drivers

Expansion of digital music distribution market
Growing demand for diversified video content
Recovery and expansion of live entertainment
Strengthening digital integration of fan clubs and EC
Expansion of collaborations with video streaming services
Activation of music-related advertising market
Promotion of subscription model penetration
Multifaceted content deployment via digital technology
Brand expansion to new customer segments
Increased participation in domestic and international music festivals
Group synergy creation through holding company structure
Business development addressing environmental and social challenges

Strategic Goals

50% increase in digital distribution service sales
Market share expansion in live event business
Sustainable music-related business operations
Revenue base strengthening through global expansion
Business efficiency maximization via DX promotion
Promotion of new IP development and multi-media deployment
Service expansion responding to diverse customer needs
Strengthening of environmental load reduction and social contribution activities
Customer base expansion for fan clubs and EC
Marketing strengthening through media collaborations

Business Segments

Broadcast Content Supply

Overview

Plans, produces, and supplies music-related programs for CS and cable TV.

Competitiveness

Specialized content production capabilities focused on music

Customers

CS broadcasters
Cable TV operators
Satellite broadcasters
Advertising agencies
Advertisers

Products

Music program content
Advertising program slots
Program planning and production
Event planning and operations

Digital Distribution Services

Overview

Contributes to industry digitalization through digital music distribution and fan club operation support.

Competitiveness

Diverse distribution technologies and industry network

Customers

Music labels
Artist management companies
Distribution platform operators
Corporate brands

Products

Digital music distribution
Music copyright management
Fan club EC services

Live Entertainment Operations

Overview

Operates live houses and entertainment facilities to provide multifaceted fan experiences.

Competitiveness

Hub for music culture dissemination in Shibuya area

Customers

Music fans
Live event organizers
Artists

Products

Live house management
Music event planning
Dining services

Brand and Character Business

Overview

Develops fashion and character businesses linked with maid cafe operations.

Competitiveness

Strong brand appeal to younger demographics

Customers

Fashion brands
Entertainment consumers

Products

Fashion brand development
Character management

Advertising Sales

Overview

Provides diverse advertising sales services linked with program content.

Competitiveness

Precise targeting via specialty channels

Customers

Advertising agencies
Corporate advertising departments

Products

Broadcast CM slot sales
Digital advertising

Publishing Business

Overview

Plans and publishes highly specialized music books and magazines for sale.

Competitiveness

Strong appeal to music fan base

Customers

Music fans
Bookstores
Online bookstores

Products

Music-related books
Specialty magazines

Event Planning and Production

Overview

Plans and develops diverse music events and corporate collaborations.

Competitiveness

Planning capabilities and music industry network

Customers

Corporate event organizers
Local events
Live operation companies

Products

Music event planning
Corporate collaboration events

Digital Media Operations

Overview

Provides user-participatory web and mobile music content.

Competitiveness

Fan community building capabilities

Customers

Online users
Music distribution service users

Products

Website operations
Mobile content distribution

Artist Management

Overview

Manages affiliated artists and provides industry support.

Competitiveness

Experienced personnel in entertainment field

Customers

Artists
Music production companies

Products

Talent management
Promotion support

Entertainment-Affiliated Dining

Overview

Provides fusion spaces of dining and music, such as Space Shower Brunch.

Competitiveness

Dining operations specialized for music fans

Customers

General consumers
Live house visitors

Products

Music cafe operations
Dining services

Video Production Services

Overview

Provides services supporting diverse video production centered on music videos.

Competitiveness

High-level specialized video production technology

Customers

TV stations
Advertising agencies
Productions

Products

Video clip production
Video content planning and production

Live Equipment and Audio Rental

Overview

Provides audio and equipment rental for live houses and events.

Competitiveness

Extensive on-site operation experience

Customers

Live event organizers
Artists

Products

Audio equipment rental
Stage setup support

Competitive Advantage

Strengths

Music specialty content production capabilities
Diversified music-related business deployment
Strengthening of digital distribution services
Capital alliances with Fuji Media HD etc.
Unique live house operation bases
Ownership of diverse entertainment brands
High brand recognition in the industry
Scale expansion through new business integrations
Digital music distribution technology
Extensive industry network
Fan club EC operation capabilities
Specialized know-how in advertising sales
High video production capabilities
Diversification strategy responding to customer needs
Live event planning capabilities

Competitive Advantages

Differentiation through music specialty channel operations specialized in CS broadcasting
Broad music services deployment via integration with SKIYAKI
Superiority of digital distribution platform SPACE SHOWER FUGA
Stability from strategic capital alliances with Fuji Media Holdings etc.
Direct fan touchpoints via Shibuya live house operations
Multifaceted development through collaboration with music publishing and fashion brands
Fan marketing integrating fan clubs and EC services
Revenue diversification leveraging advertising sales strength
Content reinforcement via video production and program supply capabilities
Flexible business deployment responding to diverse customer needs
Enhanced market presence through music event planning
Broad personal connections and influence within the industry

Threats

Intense competition in music distribution market
Revenue decline risk from channel reorganizations
Complication of digital copyright management
Rapid changes in media consumption patterns
Uncertainty in live event hosting (pandemics etc.)
Competitive disadvantage from delayed technological innovation
Competitor capital strengthening and business alliance expansion
Advertising market fluctuations
IP content rights issues
Market disruption by new entrants
Business constraints from regulatory strengthening
Brand risk from diversification of consumer preferences

Innovations

2024: Transition to holding company structure and SKIYAKI integration

Overview: Achieved management integration with SKIYAKI, transitioning to holding company system to strengthen business foundation.
Impact: Revenue diversification and competitiveness improvement through business synergy creation

2024: Launch of Space Shower on-demand on Lemino

Overview: Started on-demand video distribution service on Lemino, a subsidiary of NTT Docomo.
Impact: Customer base expansion and revenue growth in digital distribution domain

2023: Enhancement of digital music distribution platform SPACE SHOWER FUGA

Overview: Promoting multifunctionality of digital distribution services centered on SPACE SHOWER FUGA.
Impact: Revenue expansion through increased contracts with artists and labels

2022: Opening of live house function expansion 'WWW X'

Overview: Opened new live house WWW X in Shibuya to strengthen drawing power.
Impact: Increased number of live events and improved customer experience

2021: Establishment of fan club planning and operation company Connect Plus

Overview: Established new subsidiary for fan club planning, operations, and EC sales.
Impact: Creation of revenue opportunities in fan marketing field

2020: Management resource concentration via P-Vine stock transfer

Overview: Transferred subsidiary P-Vine to management team to focus on core businesses.
Impact: Management efficiency improvement and cash flow stabilization

Sustainability

地域文化振興のためのライブ支援活動
音楽著作権管理の透明化推進
デジタル配信によるペーパーレス化促進
多様な人材採用と働き方改革の実施
環境負荷低減のイベント運営支援
地域との連携による社会貢献活動強化
CSR活動としての若手アーティスト支援プログラム
サステナブルな広告配信の推進
音響機材・設備の省エネ化への取組
障害者雇用の促進